Chart 1H - More likely a diagonal triangle pattern already established (teal) and if the bullish critical line 1 still intact, I believed we shall see a bearish reversal trend (white) later this week. Otherwise if the price make a true breakout to my bullish continuation line 1, then we may have to consider the alt wave count in yellow. Preferably - bearish reversal trend in white.
Chart 4H - Expecting to see a bearish reversal trend a, b & c in white if the extension wave v is already completed. Otherwise we may see another scenario as shown in alt count in yellow.
Chart Daily - Please noted that all alt counts either in white, yellow and magenta is still valid. At this moment price already reached to the upper green trendline and I'm looking forward for a price rejection either to perform wave iv in white or to complete wave b in yellow or wave 5 in magenta.
Summary :
1) Preferably for a bearish reversal trend to complete corrective wave a, b and c (white) if my bullish continuation line 1 still intact. Otherwise, we may see a breakout for a bullish continuation to complete alt count in yellow (according to 1H/4H charts).
1) Preferably for a bearish reversal trend to complete corrective wave a, b and c (white) if my bullish continuation line 1 still intact. Otherwise, we may see a breakout for a bullish continuation to complete alt count in yellow (according to 1H/4H charts).
Good luck.
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